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Review Of Operations
Proprty Portfolio
Future Acquisitions
 

Review Of Operations

Desane is a significant Sydney based commercial and industrial property landlord and will continue to increase its property holdings. The Company currently owns $42.8 million of properties and other assets and manages an additional $18.8 million of industrial properties in the Sydney metropolitan area through joint venture agreements.

The Company’s medium-term objective is to continue to increase its commercial and industrial property holdings, which will be leased to strong long-term tenants.

The recurring rental income from the Group’s commercial and industrial property investments will ensure that future profit results are maintained and improved.

 

The following companies are just some of the strong medium to long term tenants of Desane:

 

Staging Connections   Arrow Scientific Talman Solutions  Sagem Safran Group  Pentel  PMP Limited Merlin Remedial Awex JAV IT Group Mwavew  Chamberlain

Our top ten tenants by net lettable area (NLA) are:
 
Independent property market indicators are forecasting continuing uncertainty over the next two years for properties located in the Sydney region. Desane is well placed to take advantage of the predicted market conditions. Desane will also continue to closely monitor the Australian property market in order to take advantage of future investment opportunities.
 

 

 
 
 
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